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Leidos Holdings (Leidos Holdings) Debt-to-Equity : 1.24 (As of Dec. 2023)


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What is Leidos Holdings Debt-to-Equity?

Leidos Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18 Mil. Leidos Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,180 Mil. Leidos Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,201 Mil. Leidos Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Leidos Holdings's Debt-to-Equity or its related term are showing as below:

LDOS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.86   Med: 1.13   Max: 1.37
Current: 1.24

During the past 13 years, the highest Debt-to-Equity Ratio of Leidos Holdings was 1.37. The lowest was 0.86. And the median was 1.13.

LDOS's Debt-to-Equity is ranked worse than
88.48% of 2222 companies
in the Software industry
Industry Median: 0.21 vs LDOS: 1.24

Leidos Holdings Debt-to-Equity Historical Data

The historical data trend for Leidos Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Leidos Holdings Debt-to-Equity Chart

Leidos Holdings Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 1.37 1.32 1.28 1.24

Leidos Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 1.27 1.18 1.26 1.24

Competitive Comparison of Leidos Holdings's Debt-to-Equity

For the Information Technology Services subindustry, Leidos Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Leidos Holdings's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Leidos Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Leidos Holdings's Debt-to-Equity falls into.



Leidos Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leidos Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Leidos Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Leidos Holdings  (NYSE:LDOS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Leidos Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Leidos Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Leidos Holdings (Leidos Holdings) Business Description

Traded in Other Exchanges
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides leading-edge and technologically advanced services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.
Executives
Surya N Mohapatra director 3 GIRALDA FARMS, MADISON NJ 07940
Miriam E John director 7011 EAST AVENUE, LIVERMORE CA 94550
Noel B Williams director 1750 PRESIDENTS STREET, RESTON VA 20190
James Robert Moos officer: Group President 11951 FREEDOM DRIVE, RESTON VA 20190
Cindy Gruensfelder officer: Executive Vice President 1750 PRESIDENTS STREET, RESTON VA 20190
Roy E Stevens officer: Chief of Business Development 11951 FREEDOM DRIVE, RESTON VA 20190
Kraemer Harry M Jansen Jr director DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Thomas Arthur Bell director, officer: CEO 1750 PRESIDENTS STREET, RESTON VA 20190
Gary Stephen May director 11951 FREEDOM DRIVE, RESTON VA 20190
Gregory R Dahlberg director 11951 FREEDOM DRIVE, RESTON VA 20190
Howe Jerald S Jr officer: Executive VP & General Counsel
Robert S Shapard director P O BOX 696000, SANANTONIO TX 782696000
David G Fubini director D.G. FUBINI CONSULTANTS, LLC, 80 SEARS ROAD, BROOKLINE MA 02445
Christopher R Cage officer: SVP and Corporate Comptroller 11951 FREEDOM DRIVE, RESTON VA 20190
Roger A Krone director, officer: CEO